Money

Money-It is a five letter word which is literally ruling the whole world.It is a universal fact. No one can deny it.From many centuries this is the only object which is unchanged. The physical characteristics,size and value of money may change with the time but it remained the same. As you know money is the only medium of exchange to buy goods or services and  to repay the debts. This is the introductory part of the money. There are lot of interesting things to be discussed in the coming posts.

Money Education

In any country literacy rate is measured in the terms of the communication skills. Schools will provide formal education where as Colleges and Universities will teach you the necessary technical skills required to get the employment. Unfortunately there is no course or subject called 'Money Skills' taught to a student at any level in any part of the world. Even most of the parents don't try to teach the money skills at home. The main reason behind it is even elders lack in financial literacy. 
So,you may be thinking that what should be done to achieve the money skills. Don't worry about it. It is not a big deal. Any one on this planet can be financially educated.  But,there are some basic rules and regulations to be followed. It needs patience,talent to do smart work,presence of mind and determination to achieve. I'm not here to make you rich but my words may help you to gain something. It all depends on your capabilities.

Facts Of Money


The very first fact is money influences the human psychology.You may be wondering that how psychology is interrelated to Money. I'll recommend you to go with self-verification before coming to a conclusion. 90% of the relationships directly or indirectly worse because of money conflicts. This is happening at large in developing and under developed countries rather than developed countries. Money plays a vital role in people's lives there. People are recognized by their social status which in turn relates to economic status.The poor people would struggle hard to earn their livelihood. There are less resources in some places which makes the people lives miserable. It results in the poverty,illiteracy and bad health conditions. 
 I would say that People should be capable to earn to satisfy their basic needs. This is the basic principle to be followed by any one in any part of the world. No one can deny this but relationships should not become worse due to the financial problems. There is no doubt that money is important in one's life but it is not everything.

Myths Of Money


The common myth about money is that Money is the root of all evil. This is a common misconception. On,the other hand we shouldn't take it as a granted that money is good for everything. It all depends on the circumstances of the usage. If a person is using the money for the purpose like child's education,health care,groceries,any item which is useful to family then we can say that it is a wise and healthy transaction. The money is also considered as good and purposeful. If the same person is using the money in illegal activities like gambling,drugs,money laundering or running illicit businesses then money is considered as evil and unhealthy. The object used for all the transactions is same but the usage makes a huge difference. Money is just an object but the good or bad depends on the person who uses it.

My favorite mantra is earn wisely and spend wisely.Instead of  misusing or wasting it unnecessarily you can donate it for the public causes.